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Online CPD module

Presentation time: 90 minutes

The Property Law Section has updated the NZLS Property Transactions and E-dealing Guidelines, which will take effect on 9 July when the new ADLS/REINZ 9th edition of the Agreement for Sale becomes available. The guidelines relating to payment – under the Same Day Cleared Payments System (SCP) - will be given the force of contract for the first time in the new Agreement.

Learn about other changes to the e-dealing guidelines, and receive some useful compliance review watchpoints from the Registrar-General. There will also be a practical segment covering “frequently asked banking questions”.

This module repeats and builds on some of the material covered at the NZLS CLE Property Law Conference and the LINZ-PLS “lunch and learn” mini seminars.

You will consider

Payment on settlement - same day cleared payment and bank cheque

Practical banking questions answered

Unit Titles Act disclosure and GST

Compliance tips and LINZ ID standard

Witnessing by Skype

Caveat authorities.

Booklet

Introduction

The Property Law Section has updated the NZLS Property Transactions and E-dealing Guidelines, which took effect on 9 July when the new ADLS/REINZ 9th edition of the Agreement for Sale became available. The guidelines relating to payment – under the Same Day Cleared Payments System (SCP) - will be given the force of contract for the first time in the new Agreement. A comprehensive review of the two sets of Guidelines has now been carried out. At the same time, both sets of Guidelines have been combined. This was considered desirable as clearly the two sets of Guidelines are closely related.

Learn about other changes to the e-dealing guidelines, and receive some useful compliance review watchpoints from the Registrar-General. There will also be a practical segment covering “frequently asked banking questions”.

PowerPoint Presentation

These are the slides included in the presentation.Number of Slides: 40

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